Grafton Group

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Grafton Group plc
Public limited company
Traded as LSEGFTU
Industry Building materials
Founded 1902; 122 years ago (1902)
Headquarters Dublin, Ireland
Key people
Michael Chadwick(Chairman)
Gavin Slark (CEO)
Revenue 2,212.0 million (2015)[1]
128.2 million (2015)[1]
96.5 million (2015)[1]
Website www.graftonplc.com

Grafton Group plc is a United Kingdom & Ireland–based builders merchants business. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.

History

The company was established by William Chadwick as Chadwicks (Dublin) Ltd in 1902.[2] It subsequently became Concrete Products of Ireland.[3] It was the subject of an Initial Public Offering in 1965 and building materials company Marley subsequently took a 51% stake.[3] Michael Chadwick bought out Marley and renamed the business Grafton Group in 1987.[3] In March 1998, it bought British Dredging, a United Kingdom builders merchants.[4] In February 2003, it bought Jackson Building Centres, another British builders merchants, based in Lincolnshire.[3]

In October 2003, it also bought Plumbline, Scotland's largest independent plumbers merchants.[5] In June 2004, it bought Heiton Group, Ireland’s largest independent plumbers merchants.[6] In December 2006, it then bought Plumbworld, one of the United Kingdom’s largest online bathroom retailers.[7] In August 2013, it bought Wearside builders' merchant Thompsons,[8] in October 2013, it bought Binje Ackermans, a Brussels-based merchanting operation,[9] and in December 2013, Grafton Group opened 10 showrooms, and launched a brand new website called Bohen, which focuses on the bathroom, kitchen and bedroom industry.[10]

Then in September 2014, it bought Direct Builders Merchants, a general merchanting business based in Kent[11] and in December 2014, it bought Crescent Building Supplies, a builders' merchant based in Ruislip.[12]

In March 2015, it bought TG Lynes, a distributor of mechanical engineering products,[13] in January 2016, it bought T Brewer, a London Timber distributor,[14] and in March 2016, it bought Allsand Supplies, a general builders' merchant located in Kent.[15]

Operations

The company owns the Buildbase, Plumbase, Woodies, Civils & Lintels, Selco & Jacksons brands.[16] It also has a number of businesses that trade exclusively online.[17]

References

  1. 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
  2. Michael Chadwick: Grafton Group Business & Finance, 2010
  3. 3.0 3.1 3.2 3.3 Beating the Budget blues The Independent, 10 December 2011
  4. Lua error in package.lua at line 80: module 'strict' not found.
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  6. Grafton boosted by Heiton buy Construction News, 13 September 2005
  7. Plumbworld appoint new deputy Managing Director Journalism, 13 August 2012
  8. Lua error in package.lua at line 80: module 'strict' not found.
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  16. Grafton group suffers from bad weather Builders Merchant Journal, 6 May 2010
  17. Grafton Merchanting buys online merchant Builder's Merchant News, 30 June 2010

External links